Cytel Overview

  • Year Founded
  • 1987

Year Founded

  • Status
  • Private

  • Employees
  • 1,589

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 9

  • Investments
  • 10

Cytel General Information

Description

Developer of a statistical medical data management software designed to assist clinics, hospitals and life science clients. The company's software primarily focuses on protocol development, regulatory support, enrollment forecasting, and systems applications and products (SAP) development, enabling clients to add efficiency and eliminate costs in the life sciences development process.

Contact Information

Website
www.cytel.com
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Corporate Office
  • 675 Massachusetts Avenue
  • Cambridge, MA 02139
  • United States
+1 (617)
Primary Industry
Enterprise Systems (Healthcare)
Other Industries
Medical Records Systems
Vertical(s)
Corporate Office
  • 675 Massachusetts Avenue
  • Cambridge, MA 02139
  • United States
+1 (617)

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Cytel Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Cytel Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a statistical medical data management software designed to assist clinics, hospitals and life science clien
Enterprise Systems (Healthcare)
Cambridge, MA
1,589 As of 2025

Frankfurt, Germany
 

Philadelphia, PA
 
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Cytel Competitors (30)

One of Cytel’s 30 competitors is Cyntegrity, a Accelerator/Incubator Backed company based in Frankfurt, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cyntegrity Accelerator/Incubator Backed Frankfurt, Germany
HealthVerity Venture Capital-Backed Philadelphia, PA
eClinical Solutions Private Equity-Backed Mansfield, MA
MedNet (Healthcare Technology Systems) Venture Capital-Backed Minnetonka, MN
DATATRAK International Formerly VC-backed Mayfield Heights, OH
You’re viewing 5 of 30 competitors. Get the full list »

Cytel Patents

Cytel Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240004910-A1 Systems and methods for systematic literature review Active 29-Jun-2022
US-12189670-B2 Systems and methods for systematic literature review Active 29-Jun-2022
EP-4548250-A1 Systems and methods for systematic literature review Pending 29-Jun-2022
US-20210240884-A1 Trial design with convex-hull techniques Inactive 31-Jan-2020
US-20210241144-A1 Trial design platform with recommendation engine Active 31-Jan-2020 G16H10/20
To view Cytel’s complete patent history, request access »

Cytel Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Cytel Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Cytel Investments & Acquisitions (10)

Cytel’s most recent deal was a Buyout/LBO with co.faktor. The deal was made on 26-Sep-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
co.faktor 26-Sep-2023 Buyout/LBO Consulting Services (B2B)
stève consultants 30-Jun-2023 Buyout/LBO Consulting Services (B2B)
SDS MedteQ 14-Oct-2022 Buyout/LBO Consulting Services (B2B)
SDS Life Science 13-Oct-2022 Buyout/LBO Consulting Services (B2B)
Purple Squirrel Economics 01-Dec-2020 Buyout/LBO Other Healthcare Services
You’re viewing 5 of 10 investments and acquisitions. Get the full list »

Cytel Exits (1)

Cytel’s most recent exit was on 14-Oct-2022 from SDS MedteQ. The exit was categorized as with 3 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
SDS MedteQ 14-Oct-2022 Completed
  • 3 buyers
To view Cytel’s complete exits history, request access »

Cytel Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
co.faktor Berlin, Germany 2010
stève consultants Oullins, France 2006

Cytel FAQs

  • When was Cytel founded?

    Cytel was founded in 1987.

  • Where is Cytel headquartered?

    Cytel is headquartered in Cambridge, MA.

  • What is the size of Cytel?

    Cytel has 1,589 total employees.

  • What industry is Cytel in?

    Cytel’s primary industry is Enterprise Systems (Healthcare).

  • Is Cytel a private or public company?

    Cytel is a Private company.

  • What is Cytel’s current revenue?

    The current revenue for Cytel is .

  • How much funding has Cytel raised over time?

    Cytel has raised $9M.

  • Who are Cytel’s investors?

    Astorg and Nordic Capital have invested in Cytel.

  • Who are Cytel’s competitors?

    Cyntegrity, HealthVerity, eClinical Solutions, MedNet (Healthcare Technology Systems), and DATATRAK International are some of the 30 competitors of Cytel.

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